China Nonferrous Gold (STU:KRB) Days Payable: 242.75 (As of Jun. 2023)


What is China Nonferrous Gold Days Payable?

China Nonferrous Gold STU:KRB Days Payable is 242.75 as of Jun. 2023.

China Nonferrous Gold's average Accounts Payable for the six months ended in Jun. 2023 was €19.74 Mil. China Nonferrous Gold's Cost of Goods Sold for the six months ended in Jun. 2023 was €14.84 Mil. Hence, China Nonferrous Gold's Days Payable for the six months ended in Jun. 2023 was 242.75.

The historical rank and industry rank for China Nonferrous Gold's Days Payable or its related term are showing as below:

STU:KRB's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 126.885
* Ranked among companies with meaningful Days Payable only.

China Nonferrous Gold's Days Payable declined from Jun. 2022 (562.45) to Jun. 2023 (242.75). It may suggest that China Nonferrous Gold accelerated paying its suppliers.

China Nonferrous Gold Days Payable Historical Data

* Premium members only.

The historical data trend for China Nonferrous Gold's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

China Nonferrous Gold Days Payable Chart

China Nonferrous Gold Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 914.46 874.27 487.70 288.77 298.66

China Nonferrous Gold Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 456.97 438.88 562.45 251.98 242.75

STU:KRB vs PGOL, RYES, JUPGF: Days Payable Comparison

For the Gold subindustry, China Nonferrous Gold's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Nonferrous Gold Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Nonferrous Gold's Days Payable distribution charts can be found below:

* The bar in red indicates where China Nonferrous Gold's Days Payable falls into.


China Nonferrous Gold Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

China Nonferrous Gold's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (43.981 + 17.946) / 2 ) / 37.841*365
=30.9635 / 37.841*365
=298.66

China Nonferrous Gold's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (17.946 + 21.54) / 2 ) / 14.843*365 / 2
=19.743 / 14.843*365 / 2
=242.75

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 242.75 mean?
China Nonferrous Gold (STU:KRB) has a Days Payable of 242.75 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on China Nonferrous Gold and its competitors.
Is China Nonferrous Gold's Days Payable too high?
China Nonferrous Gold's current Days Payable is 242.75. The Metals & Mining industry median Days Payable is 126.89. China Nonferrous Gold's value of 242.75 is 91.3% above this industry median.
How does China Nonferrous Gold's Days Payable compare to PGOL and RYES?
China Nonferrous Gold's Days Payable of 242.75 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 126.89. China Nonferrous Gold's value of 242.75 is 91.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 126.89, based on 1,064 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Nonferrous Gold's current Days Payable of 242.75 is 91.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on China Nonferrous Gold and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Nonferrous Gold's current Days Payable is 242.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Nonferrous Gold stock overvalued right now?
China Nonferrous Gold (STU:KRB) has a current Days Payable of 242.75. The current Days Payable is 242.75 and 91.3% above the Metals & Mining industry median of 126.89. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For China Nonferrous Gold (STU:KRB), the current Days Payable is 242.75 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Nonferrous Gold Business Description

Address One Nexus Way, Camana Bay, Grand Cayman, CYM, KY1-9005
China Nonferrous Gold Ltd is a mineral exploration and development company. The company's geographical segment includes United Kingdom, China, and Tajikistan. It derives a majority of its revenue from Tajikistan. The company projects include the Pakrut Gold Project and Pakrut Licence Area.